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Colorado pastor accused of multimillion dollar crypto scheme

A Colorado pastor and his wife have been charged with defrauding local Christians in a multimillion-dollar cryptocurrency scheme. Eli Regalado and wife Kaitlyn allegedly raised over $3 million by selling a virtually worthless cryptocurrency called INDXcoin. The couple is said to have pocketed at least $1.3 million from the scheme and used the funds for their own luxuries. The Colorado Securities Commissioner has filed civil fraud charges against the pair.

Source: packetstormsecurity.com –

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